A simple, smart way to make more of your money

Do you have money sitting in a bank account? If so, inflation is taking a bite out of your money every single day. Loanpad gives you a simple, stable way to keep inflation at bay and grow your investments for the future with a degree of risk.

Inflation-busting interest

Total control

Our accounts

Choose the account that suits you best, with or without an ISA wrapper. You can move money between Loanpad accounts and check your interest 24/7.

DAILYACCESS

ISAELIGIBLE

Classic Account

-%*

Best for quick access

£10 to £-

Free access any time**

60 DAYACCESS

ISAELIGIBLE

Premium Account

-%*

Best for highest rate

£10 to £-

Free access with 60 days’ notice**(or up to 1% fee for early access)

These are annual rates paid daily into your cash account – after fees but before tax. If you choose to reinvest your interest daily, you’ll enjoy even higher returns. Rates are variable and could change.

We do all we can to release your money as soon as you ask for it. But this does depend on funds being available, and from time to time there may be a slight delay.

ISA eligible*

Your money diversified daily

Interest paid daily to cash account

Designed for lower risk

If you’re 18 years or older, resident in the UK, with no more than £20,000 invested in a current year ISA

Simple, transparent, stable

We’ve designed Loanpad for maximum simplicity, transparency and safety. We don’t charge a fee, but make a margin on the rate of interest paid by borrowers. Essentially, we make money when you make money – so it’s in everyone’s interest to make sure every single loan is rock-solid.

How it works

Make a deposit

Put money into your cash account by bank transfer or standing order.

Choose your account

Choose to lend through your Classic or Premium account, or both. You can move your money around to suit your needs.

How we safeguard your money

No lending account is completely risk-free. But Loanpad is built to keep the risk to your money as low as possible. Here’s how.

Daily spreading

Every day your money is diversified across our entire book of loans. Not only does this reduce the impact from any one borrower defaulting, but it means there’s no difference between drip feeding money into your Loanpad account or putting in a lump sum. You get the same great rates at the same risk either way.

Shared loans for lower risk

The loans made with your money are shared with our lending partners – we only work with carefully vetted established lenders. They manage each loan with our oversight and are responsible for the higher risk part (called the ‘junior tranche’). As the lending partner will always take at least 25% of the loan, there’s lower risk to you if a borrower defaults. If this does happen, your money will be repaid (plus interest) before the lending partner’s share.

This also means it’s in our lending partners’ interest to check potential borrowers extensively, just as we do.

Responsible lending

We only take on carefully vetted lower-risk property loans. As part of our extensive due diligence for approving each loan, we look at the credit history, experience and activity of each borrower and review asset and liability statements and payment history. Our panel of surveyors and solicitors also check the legality and security of every potential loan and borrower. We carefully review the exit strategy for each loan – and all loans are backed (secured) by property that we can sell to recover your money if the loan defaults.

Interest cover fund (ICF)

We safeguard your daily income using this unique ring-fenced fund which covers your daily interest payments if any borrowers fall behind on their payments. With short-term property loans, delays can happen – this fund exists to make sure you get paid daily, in full. You can see real-time details of this fund on our platform at any time. More about the interest cover fund.

Ready to grow your money?

Loanpad is a smart way to increase your investments while keeping risk as low as possible.